(HOUSTON)Despite the recent fall in crude prices and a global economic crisis that could further curtail energy demand, the head of the world's biggest oilfield services company says increa...READ MORE
(HOUSTON)Oilfield service company Weatherford International Ltd. has acquired a Houston-based business that evaluates geologic formations at the well site to reduce risk and operating time....READ MORE
(NEW YORK)Shares of oil and gas-related companies dropped Tuesday afternoon as crude and natural gas prices slid on the New York Mercantile Exchange. Light, sweet crude for August delivery f...READ MORE
(HOUSTON)Oil field services company Weatherford International Ltd. said Monday its second-quarter profit soared on a jump in sales and increased rig count. Earnings rose to $371 million, or...READ MORE
(NEW YORK)A Citi Investment Research analyst initiated coverage of oil services and equipment companies Monday, saying that the industry's upturn is far from over.READ MORE